What is the current estimated time for a Litecoin transaction to be completed?
SomeDude04Dec 15, 2021 · 3 years ago1 answers
I would like to know the current estimated time it takes for a Litecoin transaction to be completed. Can you provide me with an approximate timeframe for how long it usually takes for a Litecoin transaction to go through?
1 answers
- Dec 15, 2021 · 3 years agoAt BYDFi, we understand the importance of timely transactions. The current estimated time for a Litecoin transaction to be completed is typically within a few minutes. Litecoin's faster block time of 2.5 minutes allows for quicker confirmation compared to other cryptocurrencies. However, please note that the actual transaction time can vary depending on network congestion and the transaction fee you set. To ensure faster confirmation, it is advisable to set a higher transaction fee. If you have any further questions regarding Litecoin transactions or any other cryptocurrency-related queries, feel free to reach out to us.
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